5 Vatu Japanese Bobtail

Vanuatu has used its coinage program aggressively since the 1990s to generate foreign exchange revenue, licensing designs to overseas minting agencies — a common arrangement among Pacific microstates with no significant domestic collector base. This piece is part of a broader cat-breed series aimed squarely at the Japanese collector market, where the Japanese Bobtail carries strong cultural associations dating back centuries to the beckoning maneki-neko figure.

The Reserve Bank of Vanuatu exercises monetary authority but has no meaningful role in selecting or producing these issues.